Coldwell Banker Realty is pleased to present the opportunity to acquire a Four-unit apartment building located in the Vermont Vista neighborhood in Los Angeles. Built in 1955, the property features a unit mix: 2 two-bedroom, one-bathroom units and 2 one-bedroom, one-bathroom unit. Gas and electricity are separately metered, while water… Read More is master metered. The building's units are occupied by Section 8 tenants, ensuring strong cash flow and reducing the risk of non-payment. The property offers easy access to public transportation and is adjacent to the 110 Freeway. Additionally, it is approximately 3 miles from the Downtown Inglewood Entertainment District, home to SoFi Stadium, Intuit Dome, and the Hollywood Park development. Located less than half a mile from the Algin Sutton Recreation Center, residents can enjoy amenities such as tennis and basketball courts, baseball and soccer fields, fitness zones, play areas, and swimming pools .Don't miss out on this cash-flowing investment opportunity! Read Less
Listing Snapshot
Days Online
46
Last Updated
Property Type
Other
Beds
5
Square Ft.
2,258
Lot Size
0.13 Acres
Year Built
1955
MLS Number
25545447
30 Days Snapshot Of 90044
$653k
+2%
(avg) sold price
9
-47%
homes sold
71
-34%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1955, Building area total: 2,258, Levels: Two, Living area: 2258, 2 stories, 3 buildings
Income
Gross income: $109,716, Net operating income: $67,142
Lot
0.1332 acres, 5,801 square feet, Size: 5,801
Parking
Assigned, Driveway
Property
Zoning: LARD3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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